Common use of Satisfaction of Remedies Clause in Contracts

Satisfaction of Remedies. Notwithstanding anything in this Lease or elsewhere to the contrary: Tenant and its Affiliates will look solely to Landlord’s interest in the Project (which shall include the net proceeds of any insurance, condemnation, sale or refinancing proceeds received by Landlord with respect to the Building) to satisfy any claims, rights or remedies, and Landlord’s partners and their respective Affiliates (including any property managers), at every level of ownership and interest, have no personal or individual liability of any type, whether for breach of this Lease or their negligence or otherwise, (and such Liabilities are hereby waived by Tenant), their assets will not be subject to lien or levy of any type, nor will they be named individually in any suits, actions or proceedings of any type.

Appears in 2 contracts

Samples: Lease (Sige Semiconductor Inc), Lease (Sige Semiconductor Inc)

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Satisfaction of Remedies. Notwithstanding anything in this Lease or elsewhere to the contrary: Tenant and its Affiliates will look solely to Landlord’s interest in the Project (which shall include the net including its interest in any insurance proceeds of any insurance, condemnation, sale or refinancing proceeds received by Landlord payable with respect to the BuildingProject) to satisfy any claims, rights or remedies, and Landlord’s Landlord and its partners and their respective Affiliates (including any property managers), at every level of ownership and interest, have no personal or individual liability of any type, whether for breach of this Lease or their negligence or otherwise, otherwise (and such Liabilities are hereby waived by Tenant), their assets will not be subject to lien or levy of any type, nor will they be named individually in any suits, actions or proceedings of any type.

Appears in 2 contracts

Samples: Lease (Transmedics Inc), Lease (Transmedics Inc)

Satisfaction of Remedies. Notwithstanding anything in this Lease or elsewhere to the contrary: ; Tenant and its Affiliates will look solely to Landlord’s interest in the Project (which shall include the net including its interest in any insurance proceeds of any insurance, condemnation, sale or refinancing proceeds received by Landlord payable with respect to the BuildingProject) to satisfy any claims, rights or remedies, and Landlord’s Landlord and its partners and their respective Affiliates (including any property managers), at every level of ownership and interest, have no personal or individual liability of any type, whether for breach of this Lease or their negligence or otherwise, otherwise (and such Liabilities are hereby waived by Tenant), their assets will xxxx not be subject to lien or levy of any type, nor will they be named individually in any suits, actions or proceedings of any type.

Appears in 2 contracts

Samples: Lease (TransMedics Group, Inc.), Lease (TransMedics Group, Inc.)

Satisfaction of Remedies. Notwithstanding anything in this Lease or ------------------------ elsewhere to the contrary: Tenant and its Affiliates will look solely to Landlord’s 's interest in the Project (which shall include the net proceeds of any insurance, condemnation, sale or refinancing proceeds received by Landlord with respect to the Building) to satisfy any claims, rights or remedies, and Landlord’s Landlord and its partners and their respective Affiliates (including any property managers), at every level of ownership and interest, have no personal or individual liability of any type, whether for breach of this Lease or their negligence or otherwise, otherwise (and such Liabilities are hereby waived by Tenant), their assets will not be subject to lien or levy of any type, nor will they be named individually in any suits, actions or proceedings of any type.

Appears in 1 contract

Samples: Lease (Applied Micro Circuits Corp)

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Satisfaction of Remedies. Notwithstanding anything in this Lease or elsewhere to the contrary: Tenant and its Affiliates will look solely to Landlord’s interest in the Project (which shall include the net proceeds of any insurance, condemnation, sale or refinancing proceeds received by Landlord with respect to the Building) to satisfy any claims, rights or remedies, and Landlord’s Landlord and its partners and their respective Affiliates (including any property managers), at every level of ownership and interest, have no personal or individual liability of any type, whether for breach of this Lease or their negligence or otherwise, otherwise (and such Liabilities are hereby waived by Tenant), their assets will not be subject to lien or levy of any type, nor will they be named individually in any suits, actions or proceedings of any type.

Appears in 1 contract

Samples: Synplicity Inc

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